Shiba Inu Whale Transactions Over $100K Plunge as U.S. Inflation Data Looms

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CD Analytics
June 11, 2025
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By CD Analytics, Omkar Godbole|Edited by Parikshit Mishra

Jun 11, 2025, 10:52 a.m.

Shiba Inu (SHIB) whales are reducing large transactions ahead of U.S. inflation data, shifting market control to retail investors.
SHIB prices have broken key resistance levels with significant volume spikes, indicating bullish momentum.
The U.S. consumer price index for May is expected to rise to 2.5%, potentially impacting market dynamics.

Shiba Inu (SHIB) whales appear to be in a risk-off mode ahead of the pivotal U.S. inflation data, which is likely to show a renewed uptick due to U.S. President Donald Trump’s tariffs.

Major whale transactions exceeding $100,000 have crashed by 91.5% over the past four days, shifting market control from institutional to retail investors, according to CoinDesk’s AI insights.

STORY CONTINUES BELOW

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Prices, however, have raised bulls’ hopes, topping key resistance at 0.0000133 with a massive 975 billion volume spike. The cryptocurrency has also moved above the widely-watched 100-day simple moving average (SMA).

Additionally, a record 1.5 million wallets now hold SHIB tokens, representing 0.011% of the global population, a sign of accelerated community growth.

SHIB-USD pair climbed from 0.0000129 to 0.0000134, representing a 4.6% gain with a total range of 0.00000063 (4.9%).
A significant volume spike of 975 billion in the final hour propelled prices to break through the 0.0000133 resistance level.
Price action formed an ascending channel with higher lows at 0.0000129, 0.0000131, and 0.0000132.
The 0.0000135 level now emerges as the next key resistance target for bulls to overcome.
A strong bullish breakout occurred between 07:11-07:16, where the price surged from 0.0000133 to 0.0000135, representing a 1.5% gain.
After reaching the session high, the price established a new support zone around 0.0000134, with multiple tests confirming this level.

According to FactSet, the median year-over-year estimate for the consumer price index for May is 2.5%, an increase from April’s 2.3% rise.

If the data matches estimates, it will be the first increase in the number compared to the previous month since January 2025, validating the Federal Reserve’s wait-and-see, data-dependent stance.

That said, the tariff-led upswing in inflation has been discussed in markets for some time, and the confirmation may not come as a shock to the market. In other words, dips could be short-lived.

CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.

All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.

CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.

Omkar Godbole is a Co-Managing Editor on CoinDesk’s Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.